Originally posted by seklon
Off the top of my head afew that come to mind are the following:
Citigroup
Haliburton
Lockheed Martin
Boeing
ExxonMobile
Chevron
GE
If you are truly going to invest and are looking for a substantial return, I would not reccommend any of the above, except LM.
Citgroup-Whilst it is one of the worlds largest financial institutions, much of it's profits are derrived from Natural resource extraction, and
exploration. For a bigger profit margin, in American owned Intl financing, I would go with Bank of America. Their recent acquisition of fleet, the
fact that they have outsourced a large percentage of white collar jobs overseas, the money they made in the real estate boom (which is being invested
in consumer banking, and credit services), will all prove to signifigantly increase their stock over the next year or two.
Halliburton, Lockhead Martin, Boeing- Out of these (primarily defense contractors) I would expect Boeing to do the best, Especially seeing that Bush
plans on rejuvinating our decrepid space program.
If you want a sure bet as far as defense contractors are concerned, then you can never go wrong with Bechtel ( I think they are publicly traded).
Forget* Haliburton, Bechtel is where all the war mongering is. Any company that can install a nuclear reactor cooler backwards, and continue to
receive government contracts, all whilst avoiding the ever present eye of the media, is surely a money maker.
www.corpwatch.org...
www.corpwatch.org...
Another Defense contractor that might continue to do well is Lockhead Martin as well as Ratheon.
Exxon, Chevron, Ge.....I truly think "traditional " energy companies days are numbered. They have already waited too long to invest signifigant
amounts in technology that is destined to replace theirs. Energy stock is too risky now. With all the ethanol hype looking to be more realistic,
anyone could emerge in the next few years.
This is all IMHO, & from the money making standpoint. That is how I understand your question or point and goal anyways.
*mod edit, please see your u2u
[edit on 28-7-2005 by DontTreadOnMe]